Calculation and Knowledge
Britain’s Minimum Wage Short-Changes Young Workers
In the UK, a national minimum wage was introduced in 1999. Things have been getting worse for young workers ever since.
How the State Worsens Economic Inequality
Our monetary system favors those who are already-wealthy at the expense of those who are only beginning the wealth-building process.
The Quarterly Journal of Austrian Economics 19, no. 1 (Spring 2016)
This new issue features important contributions to monetary theory and policy, a novel program for re-establishing gold money, and much more.
FBI: US Homicide Rate at 51-Year Low
The American public is "unaware" that the homicide rate in the United States has fallen by 49 percent over the past twenty years.
USDA: People Make the Choice to Eat Unhealthy Food
Evidence continues to pile up against the claim that low-incomes cause obesity thanks to insufficient access to grocery stores.
The Poverty of GDP
The choice between various ways of ‘measuring’ economic variations (and gauging their causes from these measurements) is arbitrary from an economic point of view, and becomes a largely political endeavor.
Why Socialism Will Always Fail
The paradox of "planning" is that it cannot plan, because of the absence of economic calculation.